"The head of the crisis-hit investment bank Bear Stearns has blamed short sellers and market manipulators for spreading negative financial rumours to induce a collapse of the 85-year-old Wall Street institution." I hope he picks a good screen name for Yahoo.
Since none of you dimwits believes in conspiracies , I have to assume there was one. I always fade the masses.
I don't get it, you actually expect the SEC to do anything? Or the state attorney? Or the US Department of Justice? This is like being upset with Fox News and complaining to the network & FTC for recourse. Then watching Fox News to see if anything was accomplished.
========================== Sounds pretty convincing didnt he???; especially if you dont look on both sides,FlyTigre You sir, may want to look@ a 1& 2 year BSC chart; not quite so convincing now, unless you like to argue with charts And mr Dimon/JPM compared BSC to ''a house on fire''[$2 per share/$10 maybe now ] NY FED head said ''not prudent '' to open window to BSC. So that is why they did not open FED window to BSC, but did to everyone else/Investment Banks. 30 to 1 or 100 to 1 leverage just doesnt work that well-panic selling required.Meaning no one stuck a gun to BSC to sell @ $2 Never figure a conspiracy if the truth makes logical sense.LOL Thank you.
Doesn't matter if they had a negative net worth, You can't illegally manipulate stocks. I mean, you can, but you 're not supposed to. Thank YOU